The Ministry of External Affairs (MEA) on March 17 had announced that State Bank of India (SBI) would extend a term loan of $1 billion to Sri Lanka, fully guaranteed by the Indian government, and this was part of India's financial aid to the troubled island nation. Ministry of External Affairs (MEA) spokesperson Arindam Bagchi was quoted saying by news agency PTI that the loan would be used for importing food, medicines, and other essential items. "India has always stood with the people of Sri Lanka and we will continue to extend all possible support at this juncture.
Electric scooter registrations of eight companies which represent 95 per cent of the market have seen a sharp fall of over 24 per cent in May. They have registered 32,680 electric scooters against 43,098 in April according to VAHAN data from the Ministry of Road Transport and Highways available till the evening of 31 May. Auto analysts say the fall is a reflection of the initial pent up demand in the market for such vehicles,which was evinced in huge bookings, being met.
Bala and Kumar were transferred to another school in a safer area only on Monday night. Tuesday was supposed to be the last day for Bala at her old school.
The cooking oil national industry body -- Solvent Extractors' Association (SEA) of India has suggested immediate initiation of government to government (G2G) dialogue with Indonesia on the proposed palm oil export ban from April 28 by them as it would have an adverse repercussions in India. Indonesia, which is the world's largest producer of palm oil and meets nearly 50 per cent of the total palm oil requirement in India annually, had announced to ban exports till further notice apparently to contain edible oil prices in their domestic market. "We have suggested our government initiate dialogue with Indonesian counterparts at the highest diplomatic level on the cooking oil export ban.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
The country's current account deficit is likely to hit a three-year high of 1.8 per cent or $43.81 billion in FY22, as against a surplus of 0.9 per cent or $23.91 billion in FY21, a report said on Thursday. According to an assessment by India Ratings, the Current Account Deficit (CAD) has moderated to $17.3 billion or 1.96 per cent of GDP in the fourth quarter of FY22 as against $8.2 billion or 1.03 per cent in the year-ago period, and massively down from $23.02 billion or 2.74 per cent in Q3, which was a 13-quarter high. The improvement in the key numbers are due to the remarkable improvement in merchandise exports in FY22, when it grew 42.4 per cent as against a negative 7.5 per cent in the pandemic-hit FY121.
The outbreak of the Omicron variant of the coronavirus and unprecedented lockdowns in China have roiled its equity market and also that of Hong Kong. After the crisis-hit Sri Lanka, China and Hong Kong are the worst-performing stock markets in Asia on a year-to-date basis.
While seven of the suspended MPs belonged to the TMC, six were from the DMK, three from the Telangana Rashtra Samithi, two from the Communist Party of India-Marxist and one from the Communist Party of India.
A summary of Sunday's action at the US Open.
Supply chain constraints will keep plaguing automobile companies even though demand significantly improved resulting in a 13 per cent year-on-year (YoY) increase in sales in financial year 2021-22 (FY22). Executives at auto firms fear that the Russia-Ukraine war will further dent the sector's prospects of recovery as supply chains face more disruptions. "The visibility in the supply side is so hazy that it is difficult to give even one quarter projection. But all the parameters of demand like pending bookings and enquiries are increasing.
At least 11 skulls and 54 bones of foetuses were found in the premises of a private hospital in Maharashtra's Wardha district, a recovery which came to light when the police were investigating a separate case of illegal abortion, an official said on Thursday.
For the first time in two years, schools in the national capital will reopen completely in offline mode from April 1 with the hybrid mode of operation coming to an end.
Arshdeep accepts the success that has come his way in the IPL but says he really had to 'earn everything'.
'Why was Top Gun: Maverick made? 'And the only reason I can think of is that the new film was made to emphasise and re-establish Tom Cruise's superstar status,' notes Aseem Chhabra who watched the Top Gun sequel at its premiere in Cannes.
Mahendra Singh Dhoni believes the pressure and demand of captaincy took a toll on Ravindra Jadeja and affected the all-rounder's mind, resulting in his below-par showing for Chennai Super Kings in IPL 2022.
The first semi-final in the Euro 2020 championships will be played between Italy and Spain from 00:30 am IST at the Wembley stadium in London.
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Harshal Patel and Glenn Maxwell led a clinical bowling performance to help Royal Challengers Bangalore register a 13-run win over Chennai Super Kings, pushing the defending champions to the brink of elimination.
India's industrial production growth slowed down for a fourth straight month in December to 0.4 per cent mainly due to a poor performance by the manufacturing sector. The manufacturing sector, which constitutes 77.63 per cent of the Index of Industrial Production (IIP), contracted by 0.1 per cent in December, according to the data released by the National Statistical Office (NSO) on Friday. In December 2021, the mining output rose by 2.6 per cent, and power generation increased by 2.8 per cent.
India have won the Asia Cup on seven occasions, Sri Lanka on five occasions, with Pakistan winning it twice.
'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'
Former World No 1 Saina, the London Olympics bronze medallist, lost 14-21, 21-17, 17-21 to World No 2 Yamaguchi in a 50-minute women's singles clash.
Passenger Vehicle makers are likely to see their cumulative earnings at an operating level erode by Rs 1,800-2,000 crore in the year ending March 2022 on account of the shortage of semiconductors, rating agency Icra said at a webinar on Wednesday. The industry, it pointed out, is estimated to lose production of 500,000 units at the end of FY22 due to the chronovc shortage the chip, which is critical in safety, entertainment and the various other smart features of a car. "In absence of the chip crisis, the industry volumes are likely to have exceeded the all-time peak annual volumes." Icra has pared its growth estimates for the PV market from the earlier 10-14 per cent to 8-11 per cent now in FY22.
Rajasthan Royals' wicketkeeper-batter Jos Buttler on Wednesday asserted they have the requisite wherewithal and firepower to end a 13-year-long title drought in IPL 2022, starting in Mumbai on Saturday.
India reported an 18 per cent decrease in the new COVID-19 cases along with a 13 per cent decline in the number of deaths during the week of October 11 to 17, the World Health Organisation has said, highlighting that all the regions globally, except the European region, reported a fall in new weekly cases of the deadly virus.
Virat Kohli and Cheteshwar Pujara have been a "bit of a headache" for South Africa and the hosts will look to get them out early on Day 3 of the series-deciding third Test, said Proteas batter Keegan Petersen, in Cape Town, on Wednesday.
Petrol and diesel prices were on Tuesday hiked by 80 paise a litre while domestic cooking gas prices were increased by Rs 50 per cylinder, ending an over four-and-half month election-related hiatus in rate revision, sources said. Petrol in Delhi will now cost Rs 96.21 per litre as against Rs 95.41 previously while diesel has gone up from Rs 86.67 per litre to Rs 87.47. Simultaneously, the price of a non-subsidised LPG cylinder has been increased to Rs 949.50 for each 14.2-kg bottle in the national capital.
India has a history of jugaad, and retrofitting vehicles is one such manifestation of the legendary Indian skill. Not so long ago autorickshaws and small Marutis used to strap on subsidised LPG cylinders and power themselves to a cheap ride. There were the odd explosions, lives were lost, but the jugaad continued. Then compressed natural gas (CNG) was introduced in Delhi following a court order. Initially, customised CNG kits were fitted to conventional (internal combustion engine or ICE) autos cheaply, enabling commuting at less than half of what you would cough up for diesel. The industry is better organised now with Suzuki and Hyundai designing CNG-fired vehicles, and Mahindra and TVS manufacturing liquefied petroleum gas (LPG)-powered three wheelers.
Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of $140 per barrel. West Texas Intermediate crude futures, the US oil benchmark, rose to $130.50 per barrel on Sunday evening, its highest since July 2008, before retreating. The international benchmark, Brent crude, hit a high of $139.13 at one point overnight, also its highest since July 2008.
Images from Day 3 in the fifth Test between Australia and England, in Hobart, on Sunday.
'Being embarrassed when you mess up is part of the human experience.' 'Getting back up, dusting yourself off and seeing who still wants to hang out with you afterward and laugh about it? That's a gift.'
Medvedev squandered a two-set lead against Nadal in their previous meeting in the Melbourne final in January, allowing the Spaniard to clinch his 21st Grand Slam title.
India's second-largest software services company Infosys on Wednesday posted 12 per cent year-on-year rise in consolidated net profit at Rs 5,686 crore for March quarter 2021-22. The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,076 crore in the corresponding period previous year, according to a regulatory filing. Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period, it added.
Wawrinka won the Australian Open in 2014, the French Open in 2015 and the US Open in 2016. He is a 16-time winner on the ATP Tour.
CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been put on wait-and-watch mode for more clarity on global oil prices. CNG price in NCT of Delhi has been increased to Rs 57.51 per kg from Rs 56.51, according to the information posted on the website of Indraprastha Gas Ltd - the firm which retails CNG and piped cooking gas in the national capital. Following the firming up of international gas rates, IGL has been raising CNG rates by up to 50 paise (Rs 0.50) per kg periodically. Prices have gone up by about Rs 4 per kg this year alone.
Italy striker Lorenzo Insigne doubled the lead, making his way from the left flank and dispatching a superb curling strike from 25 yards out into the top corner leaving Belgium goalkeeper Thibaut Courtois watching helplessly.
The US Open women's final between Emma Raducanu and Leylah Fernandez attracted a bigger audience on ESPN than the men's clash featuring calendar year Grand Slam-chasing Novak Djokovic and Russia's Daniil Medvedev.
'India has entered an economic super-cycle driven by a housing cycle turnaround.'
The letter to Sonia Gandhi reminded her of the party's 18-point agenda "given to the last chief minister" of Punjab and said that those were "equally relevant today".
P V Sindhu eased into the second round with a straight-game win after fellow Indian Lakshya Sen showed his mettle with a stunning victory over world No. 10 Japanese Kanta Tsuneyama on the opening day of Indonesia Masters Super 750 in Bali on Tuesday.